Wednesday 16 April 2014
 
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Saudi Hollandi

Banque Saudi Fransi Q3 net drops 13pc

Banque Saudi Fransi, the lender part-owned by Credit Agricole, posted a 12.9-per cent drop in its third-quarter net profit that missed analysts forecasts, it said in a bourse statement on Wednesday. The kingdom's fifth largest

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Saudi banks post impressive profit growth

Leading Saudi banks, including HSBC affiliate SABB and the kingdom's biggest Islamic lender Al Rajhi Bank, today reported impressive profits for the first quarter of this year. SABB posted a 13.7 percent rise in first-quarter net profi

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Saudi Hollandi Q4 net up 2.7pc

Saudi Hollandi Bank said its fourth quarter net profit edged up 2.7 per cent on the year to SR231 million ($61.6 million) due to a fall in operating expenses, in a statement on Saturday. However, earnings fell 22.7 per cent compared to the

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SABB, Saudi Hollandi capital hike approved

Saudi Arabia's financial regulator has approved a 33 percent capital increase for Saudi British Bank (SABB) and a 20 percent hike for Saudi Hollandi Bank, it said in separate filings on Sunday. SABB, an affiliate of HSBC, will raise its ca

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Saudi Hollandi eyes 20pc capital hike

Saudi Hollandi Bank, partly owned by the Royal Bank of Scotland, will ask shareholders to approve a capital increase through bonus shares to help support the bank's growth, it said in a regulatory filing yesterday. The 20-per cent increase

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Four major Saudi banks post sturdy Q2 profits

Four major Saudi banks reported quarterly profits that met or beat analysts estimates on Monday, in a sign the kingdom's lenders have begun to rebound from a punishing bout of a bad loan provisioning.      Al-Rajh

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Riyad Bank profit rises 9pc, beats estimate

Saudi Arabia's Riyad Bank posted a 9 per cent rise in second-quarter net profit, the lender said in a bourse statement on Monday. The bank made a net profit of 836 million riyals ($222.9 million) in the three months to June 30. The ban

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Saudi Hollandi net profit up 3.5pc

Saudi Hollandi Bank, partly owned by Royal Bank of Scotland, reported a 3.5 percent rise in first-quarter net profit, but missed forecasts. Hollandi was among three banks reporting higher quarterly profits or returning to black on Sunday,

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Saudi Hollandi seals e-Tadawul trading pact

Saudi Hollandi, the Kingdom's first established bank, has signed a new e-Tadawul service agreement with Mubasher, a fully-owned subsidiary of National Technology Group (NTG) of Saudi Arabia. With over 10 years of expertise in financial ser

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Saudi Hollandi bets on retail banking

Saudi Hollandi Bank, the kingdom's oldest bank, will put more focus on retail banking in the short-term to boost profit growth after multi-billion dollar defaults by some Saudi family-owned firms. The lender, part-owned by Royal Bank of Sc

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